Everstream to Invest $300 Million Throughout Midwest

Company to build nearly 6,000 new route miles of fiber

Everstream has announced plans to expand the footprint of
its fiber network through greenfield builds throughout the Midwest. Upon
completion, Everstream will have invested $300 million and added nearly 6,000
route miles to its current 10,000-plus-mile fiber network.

The move comes approximately four months after AMP Capital,
a global investment manager headquartered in Australia, purchased Everstream,
giving the company an infusion of capital for acquisitions, greenfield network
builds, and organic network growth and development.

"Everstream remains committed to expanding in
contiguous markets while making certain that we maintain the level of service
and experience that our customers demand," said Everstream President and
CEO Brett Lindsey. "By proactively building and expanding the footprint of
our fiber network, we have the opportunity to both increase the density of our
existing fiber routes and increase the availability of our Business Fiber
Network to customers."

The phased builds will begin construction in the first
quarter of 2019. The expected completion date for the final build is the second
quarter of 2020.